BEIS published on yesterday (24/07/17) their long awaited “Smart Systems and Flexibility plan”. There is a detailed publication here available to view.
Many of the topics covered in the publication have been covered (by our friends at REGENSW) pretty well already but we welcome a detailed and formal government plan on smart energy as it will only provide greater confidence in the sector.
Key areas covered in the publication are;
* Storage – defining ‘storage’
* Flexibility markets – how the national market will operate with flexible energy providers.
* Small scale renewables – with the ever depleting FIT ending in 2019 – could this be replaced with a “time of export” tariff?
* Electric vehicles – The impact of increasing electric vehicles on the energy infrastructure.
There is much detail available in the document and we together with our industry colleagues will be examining the implications and opportunities for our customers in the coming weeks.
There has been much work already done in the sector, yet more flexibility and improvement are required. Energy storage systems (ESS) are forecast to play a significant role in these improvements. ESS offer extremely quick demand response, meaning they can provide energy to the grid almost immediately. This enables the grid to pull additional energy from storage facilities during times of high demand, helping to keep the lights on.
Storage also provides the ability for the grid to push excess electricity into these facilities during times when generation exceeds demand – for use during later peak consumption hours.
Energy storage is set to significantly increase the efficiency and flexibility of the UK’s energy grid, along with improving the value of renewables by allowing the use of stored solar and wind energy when the sun isn’t shining and the wind has stopped blowing.
What’s more, the ability to aid the grid in supporting renewables through energy storage facilities is open to consumers. Adding a modest battery bank to your existing PV system, or even as a stand alone grid connection, will enable you to participate in balancing the UK grid – for which there are attractive annual revenues.
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